In order for the accountants to calculate the Owner's Capital balance on December 31, 2020, they need to follow several steps. Which is the correct order of these steps? 1. Adjust accounts as needed II. Calculate net income III. Calculate ending Owner's Capital IV. Prepare an adjusted trial balance V. Prepare a trial balance VI. Prepare the Income Statement VII. Prepare the Owner's Equity Statement O V, I, IV, VI, II, VII, III II, VI, I, V, IV, VII, III I, II, IV, VI, III, V, VII O VI, II, V, I, IV, III, VII